document.write( "Question 257393: An investment of $10,000 earned a net income of $345 in 1 year. Part of the investment was in bonds and earned income at a rate of 8%. The rest of the investment was in stocks and lost money at the rate of 5%. How much was invested in bonds, and how much was invested in stocks? \n" ); document.write( "
Algebra.Com's Answer #189446 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .08x-.05(10,000-x)=345 \n" ); document.write( ".08x-500+.05x=345 \n" ); document.write( ".13x=345+500 \n" ); document.write( ".13x=845 \n" ); document.write( "x=845/.13 \n" ); document.write( "x=6,500 amount invested @ 8%. \n" ); document.write( "10,000-6,500=3,500 amount invested @ 5%. \n" ); document.write( "Proof: \n" ); document.write( ".08*6,500-.05*3,500=345 \n" ); document.write( "520-175=345 \n" ); document.write( "345=345 \n" ); document.write( " |